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  • Magna International projects lower 2024 profit due to softening EV demand

Published 14:34 IST, February 10th 2024

Magna International projects lower 2024 profit due to softening EV demand

Magna, headquartered in Aurora, Ontario, foresees its full-year profit to range between $1.60 billion and $1.80 billion.

Reported by: Business Desk
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Magna International profit forecast
Magna International profit forecast | Image: Magna International
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14:34 IST, February 10th 2024